have changed in 2 years. I sold my home in 2019 to take a job in FL. I had hoped to stay in FL. I am back in GA, I can’t afford the home prices in my old neighborhood. The same type of house that I sold in 2019, is selling for $100,000 more. It’s just unbelievable!

I will be closing on a new construction townhouse in December. Not happy with how much I paid for it. It’s a positive and negative that It’s a downsize from my old house and I am paying significantly more for it. However, it’s a new construction so more modern, so it’s almost my dream home with all the upgrades. Plus there’s a pool, looking forward to that. Because of the shortage of homes, these townhouse communities are springing up all over GA. After hearing so many horror stories like the one above, I decided to not even bother with the bidding wars for pre-existing homes.

There needs to be laws in place to prevent these big investors from pricing out every day folks. Not to mention, some of these homes are being used for AirBnB

I make decent money so I will be ok. But the American dream is a nightmare right now for many, home ownership is looking like an unachievable goal.